Vijay Solvex Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/06/2025 ,inter alia, to consider and approve the recommendation of Nomination ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vijay Solvex Ltd has informed BSE that its Board of Directors will meet on 28 June 2025 to consider and approve the Nomination and Remuneration Committee's recommendation regarding the continuation of Mr. Vijay Data (DIN: 00286492) as Managing Director. Mr. Vijay Data will turn 70 years old on 1 July 2025, and the Board will consider his continuation on existing terms and remuneration for his remaining tenure until 25 September 2025. The meeting will be held at the company's registered office in Alwar, Rajasthan.
This is largely a procedural notice required because Mr. Vijay Data is crossing the age-70 threshold, which typically requires special shareholder approval. The proposal is for continuation of the existing Managing Director on current terms, so it is not expected to materially change the company's leadership or operations. Shareholders should watch for the outcome of the 28 June meeting and any subsequent shareholder resolution.